IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications.
The market was today with a slower activity in the entire drybulk market. The capes had real slow activity, the panamax and supramax had slowing activity and the handysize had unchanged activity.
The capesizes had real slow activity and therefore the result was further real falling rates in almost all areas and directions. For the panamax size the activity was also a little slower and the market reacted with minor falling rates in almost all areas and directions.
For the supramax and handysize dry cargo tonnage the market had again mixed activity levels. The supramax tonnage had little slower activity with minor falling rate levels in most areas and directions. For the handysize vessels the market was again with unchanged activity, and resulted in stable rates in all areas and directions.
The European coaster market was today with real slowing activity level, as many charterers withdraw their cargoes due to the increasing in price and the freights at the same time. In the Baltic Sea area or on the Continent the freight rates were with slight falling rates. The freight rates in the Black Sea area were with unchanged rates and the Mediterranean had minor falling rate levels today.
The tanker market was today again with a booming level of activity. The crude oil tankers were with super good activity resulting in further jumping increasing rates in most areas and directions. The product tanker market was today again with further top increasing activity and it resulted in real increasing rate levels from the various loading areas.
We will be back tomorrow with more freight market news from www.icshipbrokers.com
